If your company is located in one of the 30 or so enterprise zones, there are significant Government incentives to encourage investment. Enterprise zones include Didcot Growth Accelerator, Science Vale at Chalgrove, Enterprise M3 at Farnborough and Royal Docks City of London.

HMRC have added to their online guidance, showing sites within enterprise zones that offer 100% first-year allowances for companies investing in new plant or machinery until 31 March 2020. This 100% allowance is in an addition to the normal £200,000 Annual Investment Allowance.

David Wilsdon